Latest news with #BuimercCorporationLtd
Khaleej Times
09-04-2025
- Business
- Khaleej Times
Watch: Sheikh Hamdan visits Bombay Stock Exchange, rings iconic opening bell
On Wednesday, Dubai Crown Prince Sheikh Hamdan bin Rashid Al Maktoum visited the Bombay Stock Exchange (BSE). He met Sundararaman Ramamurthy, MD and CEO of BSE, rang the iconic gong and posed with the exchange's bull figure. Watch video here: Established in 1875, the BSE is Asia's oldest stock exchange and is one of the largest stock exchange in the world. There are more than 5,500 companies publicly listed on the stock exchange. Dubai entrepreneur Siddharth Balachandran, executive chairman and CEO of Buimerc Corporation Ltd in DIFC, is the largest individual shareholder of the BSE, holding around 3.46 per cent of the institution. The businessman, who also holds 0.35 per cent of National Stock Exchange of India Ltd (NSEIL), said exciting times were ahead for UAE-India partnership. 'The sounding of the legendary bell of the iconic Bombay Stock Exchange was truly a symbol of how strong the economic and strategic relationship between the two great nations of the UAE and India with India offering unparalleled volume and the UAE offering unparalleled dynamism,' he told Khaleej Times. 'It signalled the end of the visit of Sheikh Hamdan but also manifested the start of a great new era in bilateral relations between UAE and India.' Sheikh Hamdan arrived in India for his first official visit on Tuesday. During the two-day trip, he will hold talks with senior Indian officials to explore opportunities for enhancing bilateral cooperation and strengthening partnerships across various strategic sectors. In 2016, Sheikh Mohamed bin Zayed Al Nahyan- then the UAE Crown Prince- conducted a similar visit to the BSE. Afterwards, he toured the stock exchange and posed for a photo in front of the bull.
Khaleej Times
07-03-2025
- Business
- Khaleej Times
Buimerc Corporation Limited contributes Dh20 million to the Fathers' Endowment campaign
To support healthcare in less fortunate communities Buimerc Corporation Limited contributes Dh20 million endowment building in Dubai to the Fathers' Endowment campaign Buimerc Corporation Ltd. announced its plans to develop a Dh20 million endowment building in Dubai in support of the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. Coinciding with Ramadan, the campaign is launched in honour of fathers in the UAE and aims to create a sustainable endowment fund to provide treatment and healthcare for the poor and needy. Buimerc Corporation Limited has contributed to the endowment building within the education complex operated by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) in Dubai Academic City. Revenues from the endowment building will support the Fathers' Endowment campaign and its goals of improving healthcare in underserved communities. This includes developing hospitals, providing essential medical equipment and medications, expanding capacity, and upgrading operating rooms. These investments will create sustainable opportunities to enhance the quality of life for those in need. A sustainable solution Siddharth Balachandran, Executive chairman and CEO of Buimerc Corporation, said: 'It is an honour to contribute to the Fathers' Endowment campaign launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum. This campaign reflects the UAE community's deeply ingrained culture of giving and its unwavering commitment to supporting the less fortunate around the world, ensuring they have access to dignified lives and sustainable healthcare.' He added: 'Our support for this campaign and its noble objectives stems from our commitment to social responsibility and our desire to join the UAE community in alleviating suffering. The enthusiastic response from individuals, institutions, and businesses to this Ramadan endowment campaign is a testament to the strong spirit of social solidarity.' Fathers Endowment The Fathers' Endowment campaign, part of the Mohammed bin Rashid Al Maktoum Global Initiatives, honours fathers by allowing donations in their name. It promotes values of honouring parents, compassion, and social solidarity, while strengthening the UAE's philanthropic standing through a sustainable healthcare endowment for the less fortunate. The campaign also aims to further establish the noble values for which the UAE is known, including generosity and global humanitarian solidarity, while promoting the concept of endowments and engaging the community to be part of the campaign's effort to provide sustainable healthcare to millions of people. Buimerc Corporation Ltd, a diverse business and investment holding conglomerate headquartered in Dubai International Financial Centre (DIFC). It is an investment and operating holding company in India and Dubai, complements its portfolio with strategic equity investments, fixed investments and macro institutional investments. The company has expanded its investments across regulated global markets, including India, UAE, USA and EU. It is an approved accredited investor in India. Over the years, Buimerc has invested in listed companies across various global markets, supported startup businesses through FDI, and engaged in manufacturing and value enhancement enterprises through its subsidiaries. Buimerc Corporation is also dedicated to addressing various societal challenges through Govt initiated and approved philanthropic endeavours in the UAE, and through its philanthropic arm in India, the Buimerc India Foundation. The Buimerc Corporation Limited philanthropic initiatives focuses on education, environmental sustainability, Gender inclusivity, Animal welfare, minority empowerment programs, and disaster relief. Donation channels The Fathers' Endowment campaign continues to welcome donations and contributions to the endowment fund from institutions and individuals across six main channels including the campaign's website ( as well as a dedicated call center via the toll-free number (800 4999). Donations are also possible via bank transfers in the UAE dirham to the campaign bank account number with Emirates Islamic Bank (IBAN: AE020340003518492868201). Donations via SMS are possible by sending the word 'Father' to the following numbers (1034 to donate AED 10, 1035 to donate Dh50, 1036 to donate Dh100 and 1038 to donate Dh500) for etisalat by e& and du users. Other possible platforms for donating to the campaign are the DubaiNow app by clicking the 'Donations' tab, and Dubai's community contributions platform Jood (
Zawya
04-03-2025
- Business
- Zawya
Buimerc Corporation Ltd. contributes AED 20mln endowment building in Dubai to the Fathers' Endowment campaign
UAE, Dubai: Buimerc Corporation Ltd. announced its plans to develop a AED 20 million endowment building in Dubai in support of the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Coinciding with Ramadan, the campaign is launched in honour of fathers in the UAE and aims to create a sustainable endowment fund to provide treatment and healthcare for the poor and needy. Buimerc Corporation Ltd. pledged to construct the endowment building within the education complex operated by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) in Dubai Academic City. Revenues from the endowment building will support the Fathers' Endowment campaign and its goals of improving healthcare in underserved communities. This includes developing hospitals, providing essential medical equipment and medications, expanding capacity, and upgrading operating rooms. These investments will create sustainable opportunities to enhance the quality of life for those in need. A sustainable solution Siddharth Balachandran, Executive chairman and CEO of Buimerc Corporation said: 'It is an honour to contribute to the Fathers' Endowment campaign launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum. This campaign reflects the UAE community's deeply ingrained culture of giving and its unwavering commitment to supporting the less fortunate around the world, ensuring they have access to dignified lives and sustainable healthcare.' He added: 'Our support for this campaign and its noble objectives stems from our commitment to social responsibility and our desire to join the UAE community in alleviating suffering. The enthusiastic response from individuals, institutions, and businesses to this Ramadan endowment campaign is a testament to the strong spirit of social solidarity.' Fathers Endowment The Fathers' Endowment campaign, part of the Mohammed bin Rashid Al Maktoum Global Initiatives, honours fathers by allowing donations in their name. It promotes values of honouring parents, compassion, and social solidarity, while strengthening the UAE's philanthropic standing through a sustainable healthcare endowment for the less fortunate. The campaign also aims to further establish the noble values for which the UAE is known, including generosity and global humanitarian solidarity, while promoting the concept of endowments and engaging the community to be part of the campaign's effort to provide sustainable healthcare to millions of people. Donation channels The Fathers' Endowment campaign continues to welcome donations and contributions to the endowment fund from institutions and individuals across six main channels including the campaign's website ( as well as a dedicated call center via the toll-free number (800 4999). Donations are also possible via bank transfers in the UAE dirham to the campaign bank account number with Emirates Islamic Bank (IBAN: AE020340003518492868201). Donations via SMS are possible by sending the word 'Father' to the following numbers (1034 to donate AED 10, 1035 to donate AED 50, 1036 to donate AED 100 and 1038 to donate AED 500) for Etisalat by e& and du users. Other possible platforms for donating to the campaign are the DubaiNow app by clicking the 'Donations' tab, and Dubai's community contributions platform Jood (
Khaleej Times
07-02-2025
- Business
- Khaleej Times
PIOCCI honours Pravasi Bharatiya Samman awardee Ramesh Ramakrishnan
The Pravasi Bharatiya Samman Award (PBSA), India's highest civilian honour for overseas Indians, was conferred upon Ramesh Ramakrishnan, chairperson of Transworld Group and a distinguished board member of the PIOCCI, in recognition of his outstanding contributions to the Indian diaspora. The prestigious award was presented by the President of India for the year 2025, celebrating his remarkable achievements in business and community service. In 2023, Siddharth Balachandran, another PIOCCI board member, CEO of Buimerc Corporation Ltd, was honoured with the PBSA for his contributions to the Indian diaspora. To commemorate this momentous occasion, the PIOCCI, in collaboration with FOI Events, organised a grand felicitation ceremony on February 1, 2025, at India Club, Dubai. The event brought together esteemed members of the business community, including Ramesh Ramakrishnan's family, and distinguished leaders from PIOCCI, such as N Mohan and S. Venkatesh, among others. The event was graced by the presence of chief guest Satish Kumar Sivan, Consul General of India in Dubai, who lauded Ramakrishnan's significant contributions to both India and the UAE through his entrepreneurial endeavors and philanthropic initiatives. In his address, Ramakrishnan dedicated the prestigious award to the Indian diaspora in the UAE, emphasising the values of hard work, karma, and empathy as the key to success and happiness.
